RVC is attracting more attention from the crypto community. F2Pool has recently launched the RVC mining pool, providing a more convenient platform for miners to participate in the RVC network. At the same time, we have prepared exclusive mining benefits for F2Pool miners: mining RVC in F2Pool from May 21st to May 25th can enjoy an additional reward of 150 RVC per block . The mining rewards will be paid out once within three working days after the end of the event. Next, let’s take a brief look at the characteristics of RVC and how to participate in mining. RVC (Ravencoin Classic) is a forked currency of RVN (Ravencoin) and has always maintained the mining algorithm of the original chain. It can be said that in terms of the positioning and vision of the network, there is no obvious difference between RVC and RVN, both of which aim to build a completely free and open-source asset tokenization platform. In 2018, the RVN network was successfully released with the contribution of more than 400 Bitcoin developers. In 2019, the algorithm upgrade led to a fork, resulting in today's RVN and RVC currencies. How do miners participate? The fork of RVC is directly related to the mining algorithm, and also provides more possibilities for the miners to participate in mining. Miners can learn about the basic information and mining information of RVC from the following table. Basic Information | Official Website | https://ravencoinclassic.io | Block Explorer | https://explorer.ravencoinclassic.io | Total Tokens | 21 billion | algorithm | X16R | consensus | PoW | Block time | 60s | Block Rewards | 5,000 RVC Halving every 2,100,000 blocks | Exchanges | https://www.longbit.com
| Mining Information | Device Type | Graphics | Mining address | stratum+tcp://rvc.f2pool.com:4800 | Fishpond QQ Group | 993080319 | Mining Tutorial | Click "Read original text" at the end of the article | What are the characteristics of RVC? One of the most obvious features of the forked currency RVC is its adherence to the core algorithm of the original chain. In October 2019, RVN modified its algorithm to resist ASIC miners. Miners in the community who insisted on the original X16R algorithm continued to mine under the original chain algorithm, so the "classic" chain RVC was created. So far, RVN has undergone two algorithm upgrades to resist ASIC mining machines, and the RVC community still adheres to the core proposition that "once the algorithm is determined, it will never change." RVC aims to create a more stable blockchain platform that realizes the original vision of Ravencoin, and believes that the public chain's adherence to long-term consistency is the key to ensuring stability. On the basis of achieving algorithm stability, the RVC community believes that in an open and fair competition environment, the computing power of the entire community will be naturally distributed, and the entire network will achieve balanced development. RVC is driven by the global community of Ravencoinclassic.io. The RVC community believes that by avoiding the extra effort spent on mining algorithm upgrades, participants can focus more on technology and asset development. The RVC community is also exploring cooperation with trading platforms to improve the liquidity of on-chain assets. From the perspective of mining, RVC is cooperating with large mining pools, hoping that more miners will join the community and create a simpler and more transparent mining community for miners. Click https://blog.f2pool.com/zh/mining-tutorial/rvc to learn the detailed tutorial of RVC mining.
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